ACET 2020: Application Form, Dates, Eligibility, Pattern, Syllabus

ACET Exam PatternThe Institute of Actuaries of India (IAI) will make the statement of upcoming ACET Exam. The Actuaries of India will oversight the Actuarial Common Entrance Test acknowledged as ACET is held twofold a year that is April and October. Reading through this article, applicants get to know about the recent pattern.

Businesses are extremely reliant on the accounts of Actuaries for the great purpose of assistance in monetary choice. Aspirants who are demanding for an entry in ACET 2020 will require making use of the registration process for the exam.IAI (Institutes of Actuaries of India) is the conducting authority of Actuarial Common Entrance Test (ACET). Through ACET, qualified candidates will be admitted as student members of IAI.

This exam has been put on the calendar in July 2020 and the entrance exam has been arranged for December 2020.

ACET Highlights

Exam NameACET
Full FormActuarial Common Entrance Test
Exam TypesUG & PG Level
Exam LevelNational Level
Courses OfferedActuaries courses
Conducting BodyIAI (Institute of Actuaries of India).
Application ModeOnline
Exam ModeOnline (CBT)
Exam DateTo be Announced
Exam Duration03 Hours
Official website
Helpline+91 – 22 – 62433333

ACET 2020 Important Dates

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Given below are the important dates for ACET 2020 that entrants need to consider before applying for the exam.

June 2020:

EventsDates (Tentative)
Registration starts3rd week of February 2020
Last date for registrationLast week of April 2020
ACET 2020 June exam date3rd week of June 2020
Result date1st week of July 2020
Last date for membership admission for those who want to appear for November 2020 ExaminationLast week of July 2020
Counseling processAugust 2020

December 2020:

EventsDates (Tentative)
Registration starts3rd week of August 2020
Registration closesLast week of October 2020
ACET 2020 December exam date3rd week of December 2020
Result announcement1st week of January 2021
Last date for membership admission for those who wants to appear for June 2021 ExaminationLast week of January 2021
Counseling processFebruary 2021

ACET 2020 Application Form

The application form will be made available with the online way at the official page. Firstly, aspirants will need to register on the website.

  • The aspirants will gain the form on 1st week of January 2020.
  • The application form can’t be accessed after February 2020. The attachment of colored passport size photograph (4.5 cm length x 3.5 cm width) and signature is required.
  • Without the provision of these documents, it is not possible to submit the form.
  • Save the filled application form for advance needs. As with the hold of the application form, aspirants will be able to apply for the exam.
  • The registration for the exam will be originated from July 2020. It is entrusted to present to suitably completed application form before November 2020.
  • Postulants need to submit RS 3000 application fee with online mode. The application fee is not returned and transmitted.
  • Besides registration, aspirants should make the photocopy of application form for ACET 2020.

Application Fee

  • The Application fee will be RS 3000
  • The payment can be done in various ways such as Debit Card, Credit Card and Net Banking.

ACET 2020 Eligibility Criteria

Aspirants will require clearing their 10th and 12th studying from some famous university of the board.

  • English is weighed as the main subject for 12th
  • Those who are yet to finish their schooling will be eligible for the exam.
  • Aspirants pursued the standard education with the possession of a higher degree from mathematics will be considered for the exam.
  • Entrants who have done graduation with mathematical and statistical sciences will be eligible. Besides, those doing Management, Engineering, Postgraduate, Accounting, Company Secretaries will be considered for the admission.
  • Age Limit: There will be no age limit for ACET 2020 examination.
  • Qualification: The candidate should have passed intermediate or equivalent from a recognized board.
  • Mandatory: English will be the mandatory subject in class 12th
  • Appearing candidates will also be eligible.
  • Graduated, post-graduated, engineering students, management students, CA, CS, degree holders in Mathematics will also be eligible to appear in the examination.

ACET 2020 Exam Pattern

The aspirants will be attempting the Exam for 3 hours. The exam will incorporate the 100 Marks which all are divided into 70 questions.

  • The exam will include two parts – part 1 and part 2.
  • Part 1 will include the subjects of Mathematics, Statistics and Data Interpretation with 55% of the scores.
  • Part 2 will include English and Logical Reasoning with 45% of the scores.
  • The allotment of marks will be given as follows-
  • 45 questions: 1 mark for each question
  • 20 questions: 2 marks for each question
  • Five questions: 3 marks for each question
  • Questions Type: The MCQ (Multiple Choice Questions) will be asked.
  • Exam Mode: The ACET examination will be online (Computer-based) mode.
  • Duration: The duration of exam will be of 3 hours.
  • Sections: There will be two sections for ACET 2020.
  • Marking Scheme: Each correct answer will carry different mark for different sections.
  • Negative Marking: For 1 mark question, 0.5 marks will be deducted, for 2 marks question, 1 mark will be deducted and for 3 marks question, 1.5 marks will be deducted.
No. of QuestionsMarks
45 questionsOne mark each
20 questionsTwo marks each
05 questionsThree marks each


No. of questionsMarking (for correct answer)Negative Marking

ACET 2020 Syllabus

Mathematics: Numerical Methods, Algebra, Differentiation, Notations, and standard functions, Integration, Vectors, Matrices.

English: Sentence Correction, Fill in the Blanks, Cloze Passage, Vocabulary Based, English Usage, Analogies or Reverse Analogies, etc.

Statistics: Measures of Location, Measures of Spread, Probabilities, Permutation, and Combinations, Types of Data, Advanced Probabilities, Discrete random variables, Continuous random variables.

Logical Reasoning: Calendars, Clocks, Cubes, Venn Diagrams, Numbers and Letter Series, etc.

Data Interpretation: Tables, Bar Graphs, Line Charts etc.

Some common topics from each main topic of ACET 2020 Section 1 are:

Mathematics- Some common topics will be Notation & standard functions, Numerical methods, Algebra, Differentiation, Integration, Vectors, and Matrices.

Statistics- Some common topics will be Permutations & combinations, Types of Data, Measures of location & spread, Probabilities, Discrete random variables & distributions, Continuous random variables & distributions, Correlation & Regression.

Data Interpretation- Some common topics will be Tables, Column graphs, Bar graphs and Line chart, Pie-chart, Venn Diagrams, and Caselets.

Some common topics from each main topic of ACET 2020 Section 2 are:

English- Some common topics will be Vocabulary based, English grammar usage, Sentence Correction, Fill in the blanks, Cloze passage, Verbal reasoning & much more.

Logical Reasoning- Some common topics will be Number & letter series, calendars, Clocks, Cube, Blood relations and much more.

Preparation Tips

  • Time management: manage your time according to the dates of the exams before the three months of the exam.
  • Thematic Study: Study according to the program taught by the officials and their subjects.
  • Practice and review: practice and review regularly. This will help the candidate to remember the topics until the day of the exam.
  • Study material: the correct study material was always collected for the exam.
  • Marking system: note the marking scheme.
  • Stay healthy: always stay healthy for exams.

Exam Centers

Mumbai, Indore, Delhi, Nagpur, Kolkata, Ranchi, Bangalore, Kochi, Gurgaon, Bhubhaneshwar, Chennai, Dehradun, Pune, Patna, Hyderabad, Vizag, Jaipur, Coimbatore, Ahmedabad, Baroda, Lucknow, Guwahati, Chandigarh and Raipur.

ACET 2020 Admit Card

Those responsible for the announcement of admit card will make it known to anyone filling the registration form with the Payment of fee.

  • It is going to appear online a week before the exam. Therefore, aspirants must go to the website for the link to download the admit card.
  • The admit card provided by officials is very useful for getting the admission procedures finished due to its incorporation with details including aspirant’s name, photograph, exam date, and center, etc.
  • Aspirants have to admit card with them until they are done with the exam. Those not holding hall ticket or call letter will be dismissed from the exam.
  • The admit card of students will be issued on the last week of February 2020 which applies to April and for October month, it will be provided on the fourth week of November 2020. Aspirants will get access to admit card by producing the required details.

ACET 2020 Result

The Result will be provided within 20 days after the exam. The scores will be published on the website of IAI. It will be declared by online.

The ACET 2020 result will be released through online mode. Candidates will have to login the detail to view their result. No printed result will be sent by the institute to candidates individually.For taking students membership in IAI, candidates result will only be valid for 3 years from result declaration date.

The qualifying scores for ACET 2020 has been Decided 50%. The result will be lasting for three years when the result has passed to achieve the affiliation of IAI.

ACET 2020 Cut-Off

The ACET 2020 cut-off will be the minimum marks to qualify the examination. To qualify the exam candidates will have to secure at least 50% marks in the ACET 2020 entrance examination.

The candidates who will score the marks equal or above then the cut-off marks will further be called for counseling or admission procedure.

ACET 2020 Counselling

ACET 2020 counseling will be declared at the official website of the managing body. The scores will be announced on the website online. The legality of the result will last for three years from the date of result announcement.

  • After clearing the exam, students require applying for the “Student Membership.” Registration will be done at the official site of officials by completing the “Student Membership Form.” Aspirants must keep the copy of a copy of the Application Form and dispatch together with attached documents at the address given below:
  • Admissions Team,
  • Institute of Actuaries of India, 302,
  • Indian Globe Chambers, 142, Fort Street,
  • Off DN Road, Near CST (VT) Station, Mumbai (400001) -India

Documents required for Counselling

Photo ID Proof (Passport, Pan Card, School/College Id Proof)

  • 10th Mark Sheet
  • Date of Birth ID Proof (Pan Card, Birth Certificate, School/College Leaving Certificate, Passport)
  • 12th Mark Sheet
  • Name Change Document (If valid)

ACET 2020 Admission Procedure

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    4. Chandigarh University (Punjab), Admissions Open for All Courses 2019. APPLY NOW >
    5. Maharishi Markandeshwar University (Haryana) Application Available. APPLY NOW >

After qualifying the ACET 2020 exam, candidates will have to register themselves for the “Student Membership” again.The student membership acceptance will be subject to production of attested original copies of education certificate.Those candidates who will get short-listed in the merit list will be able to attend counselling/admission procedure for admission in actuaries.

If you have any other questions about ACET 2020, you can write your queries in the comments box below.

Displaying 1 Comments
Add Your Comment
  1. Ishaan Saraf says:

    I wanted to know about the CUT-OFF percentage, both for 10th and 12th marksheet.

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